TRADING UPDATE (6925U)
December 29 2011 - 1:00AM
UK Regulatory
TIDMESO TIDMEC.P TIDMEO.P
RNS Number : 6925U
EPE Special Opportunities PLC
29 December 2011
EPE Special Opportunities plc
Trading Update
29 December 2011
The board of EPE Special Opportunities plc ("ESO plc") notes the
recent press speculation regarding Past Times Holdings Limited
("Past Times").
The board confirms that the investment in Past Times (held via
ESO Investments 1 LP, a limited partnership in which ESO plc is the
majority partner) is under review.
The outcome of the review is not expected to have a material
impact on the Net Asset Value ("NAV") of ESO plc (last release date
30 November 2011 at 84.63p). The next NAV will be released for 31
December 2011, along with a fuller trading update, in early January
2012.
The remainder of the portfolio is trading broadly in line with
or ahead of expectations. The only other retail sector investment,
Whittard of Chelsea, is trading well and has made significant
progress since 2010, demonstrating like-for-like sales growth of 3%
in UK retail, 52% internationally and 37% online.
Enquiries:
EPIC Private Equity LLP James Henderson +44 (0) 20 7269 8862
IoMA Philip Scales +44 (0) 16 2468 1250
Cardew Group Richard Spiegelberg / Alexandra Stoneham +44 (0) 20
7930 0777
Numis Securities Ltd Tel: +44 (0) 20 7260 1000
Nominated Advisor: Stuart Skinner / Hugh Jonathan
Corporate Broker: Alex Ham
This information is provided by RNS
The company news service from the London Stock Exchange
END
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